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Business, 18.11.2019 22:31 shubbs1038a

Identify the two broad categories of management assertions.
a. (1) assertions about valuation or allocation; and (2) assertions about completeness.
b. (1) assertions about classes of transactions and events and related disclosures; and (2) assertions about account balances and related disclosures.
c. (1) assertions about valuation or allocation and related disclosures at period end; and (2) assertions about account balances and related disclosures at period end.
d. (1) assertions about existence or occurence and the related disclosures at period end; and (2) assertions about presentation and disclosure.

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Identify the two broad categories of management assertions.
a. (1) assertions about valuation...

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